Do you view home ownership as something for the future, while you continue to fork out your hefty monthly rent instalments? We at the Stephen sales team have met many people in your position.
However, what we take great pleasure in is seeing people just like you open their minds to the fact that they can buy a home and, more importantly, that their mortgage repayments could be less than their rent.
What’s making this possible is the Scottish Government’s ‘Help to Buy’ scheme which applies to some of our best family homes right here, right now.
Take Errol, for example, where we have homes starting at £159,000. If you are house-hunting in the Perth area, Errol could be the answer to your property predicament, with easy access to both Dundee and Perth, and the benefits of relaxing, rural life.
Within the last couple of months, we have taken four reservations at Dunsinane View through ‘Help to Buy’ and all from couples and families who previously took the view we spoke about earlier … that they ‘couldn’t afford to buy a home’, ‘it wouldn’t work’, they should really ‘just keep renting for now’. As this blog goes live, we can firmly say it’s our best performing site due to its great variety of homes (and particularly the properties which fall under the ‘Help to Buy’ threshold of £230,000).
So let’s explain how the scheme works and what it could potentially mean for you.
When it comes to any Stephen homes under £230,000, you could secure one with as little as a 5% deposit, combined with a mortgage of up to 80% of the value of the property. So you pay just 85% of the property price now, and the remaining 15% is provided by the Scottish Government equity loan. Because it’s interest-free for the term of the loan, your deposit could not only be slashed, but your mortgage repayments too. What’s more. it’s not a shared ownership scheme – you will own 100% of your home.
Tom Buchanan, Marketing Manager said, “When house-hunters visit our show and view homes, their first impression is almost always ‘wow!!” But when we explain that it might be more of an affordable prospect than they thought, it all becomes a little more real for them and they start to realise that buying a home could be feasible after all.
“Dunsinane View, with many of its homes eligible for ‘Help to Buy’, is therefore proving very appealing to both first-time buyers and families needing a little more space. In many ways, it offers the perfect family lifestyle solution – not only do you become part of a fantastic rural community but with all of the amenities a typical family needs, from a school, shops, miles of countryside and easy access to both Perth and Dundee.”
So why not take a trip out to Dunsinane View? What’s more, we have a brand new viewhome to show you, a two bedroom semi-detached ‘Ben Cruachan’. With its own garage, and carpeting included, this property is available for the remarkable price of £165,000.
Come and visit our sales team at our marketing suite which is open between 1 and 5pm, Thursday to Monday.
For more information, please contact our Sales office on (01738) 620721 or email sales@stephen.co.uk
